Franklin Ohio Contract for Construction of Building with Contractor to Furnish all Materials and Perform all Work as Required by Enumerated Contract Documents

• Category: Construction - Contractors
• State: Multi-State
• County: Franklin
• Control #: US-13202BG
• Format: Word; Rich Text

Description

This form is a contract for the construction of a building with Contractor agreeing to furnish all materials and to perform all work as required by contracts enumerated in the contract for construction. A Franklin Ohio Contract for Construction of Building with Contractor is a legally binding agreement that outlines the terms and conditions between a property owner or developer and a contractor for the construction of a building in Franklin, Ohio. This contract specifies that the contractor is responsible for furnishing all materials and performing all necessary work as required by the contract documents. The enumerated contract documents typically include detailed plans, blueprints, specifications, and any other relevant documents necessary for the construction process. These documents provide a clear and comprehensive understanding of the project requirements, quality standards, and timelines. Different types of Franklin Ohio Contracts for Construction of Building with Contractors may include: 1. Fixed Price Contract: This type of contract sets a predetermined fixed price for the overall construction project. The contractor is responsible for completing the work within the agreed-upon budget, regardless of any cost fluctuations or unforeseen circumstances. 2. Cost-Plus Contract: In a cost-plus contract, the contractor is reimbursed for the actual costs incurred during the construction process, including materials, labor, and overhead expenses. Additionally, an agreed-upon percentage or fixed fee is added to the total cost as compensation for the contractor's services. 3. Time and Materials Contract: This type of contract is commonly used when the scope of work or project requirements cannot be precisely defined at the contract's inception. The contractor is reimbursed based on the actual time spent and materials used, along with an agreed-upon hourly or daily rate. 4. Lump Sum Contract: A lump-sum contract involves a fixed price for the complete project. The contractor is responsible for providing all materials and labor required to complete the construction, regardless of any cost increase or changes in the scope of work. 5. Design-Build Contract: In a design-build contract, a single entity, often a contractor, is responsible for both the design and construction of the building project. This streamlined approach allows for enhanced collaboration and efficiency between the design and construction phases. 6. Cost-Sharing Contract: This type of contract is typically used when multiple parties share the cost of construction. Each party contributes a predetermined percentage or amount towards the total cost of the project. It is crucial for both the property owner and the contractor to carefully review and understand the details of the Franklin Ohio Contract for Construction of Building with Contractor, ensuring that the enumerated contract documents effectively capture all project requirements, expectations, and legal obligations. Seeking professional legal advice during the drafting and negotiation of such contracts is highly recommended protecting the interests of all parties involved.

A Franklin Ohio Contract for Construction of Building with Contractor is a legally binding agreement that outlines the terms and conditions between a property owner or developer and a contractor for the construction of a building in Franklin, Ohio. This contract specifies that the contractor is responsible for furnishing all materials and performing all necessary work as required by the contract documents. The enumerated contract documents typically include detailed plans, blueprints, specifications, and any other relevant documents necessary for the construction process. These documents provide a clear and comprehensive understanding of the project requirements, quality standards, and timelines. Different types of Franklin Ohio Contracts for Construction of Building with Contractors may include: 1. Fixed Price Contract: This type of contract sets a predetermined fixed price for the overall construction project. The contractor is responsible for completing the work within the agreed-upon budget, regardless of any cost fluctuations or unforeseen circumstances. 2. Cost-Plus Contract: In a cost-plus contract, the contractor is reimbursed for the actual costs incurred during the construction process, including materials, labor, and overhead expenses. Additionally, an agreed-upon percentage or fixed fee is added to the total cost as compensation for the contractor's services. 3. Time and Materials Contract: This type of contract is commonly used when the scope of work or project requirements cannot be precisely defined at the contract's inception. The contractor is reimbursed based on the actual time spent and materials used, along with an agreed-upon hourly or daily rate. 4. Lump Sum Contract: A lump-sum contract involves a fixed price for the complete project. The contractor is responsible for providing all materials and labor required to complete the construction, regardless of any cost increase or changes in the scope of work. 5. Design-Build Contract: In a design-build contract, a single entity, often a contractor, is responsible for both the design and construction of the building project. This streamlined approach allows for enhanced collaboration and efficiency between the design and construction phases. 6. Cost-Sharing Contract: This type of contract is typically used when multiple parties share the cost of construction. Each party contributes a predetermined percentage or amount towards the total cost of the project. It is crucial for both the property owner and the contractor to carefully review and understand the details of the Franklin Ohio Contract for Construction of Building with Contractor, ensuring that the enumerated contract documents effectively capture all project requirements, expectations, and legal obligations. Seeking professional legal advice during the drafting and negotiation of such contracts is highly recommended protecting the interests of all parties involved.